Updated on May, 23 2024 06:55 IST
MBA in Czech Republic
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Are you an MBA aspirant looking for the best opportunity? If yes, there are tons of opportunities available for you when it comes to excelling in business administration. Most students opt for an international degree to get the right kind of exposure and experience. In terms of an international degree, the Czech Republic is here providing an array of opportunities to students from around the world. The local or international business partnership offers a great chance to grow as a student. The Czech Republic, as a country, offers unique and great opportunities to students with prestigious universities and an excellent business scope afforded by the tremendous economy of the country.
| Medium of Instruction | English, German, French, or Czech |
| Duration of Course | 1 to 3 years |
| Intakes | There are two session intakes in October and some programs in February. |
| Fee Range | Approx $10,000 to $15,000 |
| Work Experience | Work experience is given the top priority while choosing selected candidates for admissions. |
| GMAT/GRE | Since the Czech Republic focuses more on developing students' working skills and experience, it requires adequate work experience from students. GMAT is not required in most business schools. |
| English Proficiency Test | Minimum qualifying marks in TOEFL and IELTS are required |
| Work After Study | After completing their MBA degree, students have tremendous scope for jobs in the Czech Republic. |
The country is home to a few great business schools with a greater faculty and comprehensive MBA course. Here are the top universities for an MBA degree:
Prague International Business School
Joseph M. Katz Graduate School of Business, University of Pittsburgh
The University of New York in Prague
Czech Management Institute Praha
Faculty of Business and Management, Brno University of Technology
US Business School Prague
Anglo American University
CMC Graduate School of Business
Well, since the Czech Republic isn't a very talked-about destination for MBA, students often think of the reasons to enroll themselves in universities here. We can tell you of some great advantages of studying MBA from a Czech Republic university –
The Czech Republic is a perfect balance of work, study, and travel, in other words, offering the best service to students.
Universities in the country offer a wide range of programs at the Bachelor's, Masters and Ph.D. levels.
The courses and programs in the Czech Republic are recognized worldwide, meaning you can go to any country after graduating from a Czech university.
All the courses are taught in English, making it easier for international students.
In the Czech Republic, you can witness the oldest higher education culture, which dates back to the 14th
While studying, you can find part-time work to finance your expenses, and once you have graduated, you can stay back and begin your own start-up business.
The country is famous for offering some of the best MBA programs. Among the major highlights are –
Czech Republic has its own accreditation body, The Czech Association of MBA Schools (CAMBA). Most of business schools are accredited and recognized by the body.
The business schools in the Czech Republic offer an affordable MBA structure for national and international students.
The programs are taught in English; therefore, you needn’t study the Czech language separately.
There is no specific entrance exam; however, universities look for your abilities and work experience.
Czech Republic offers an array of specializations to students to choose from for their MBA courses. Some of the programs offered are –
Marketing
Leadership
Ethics
Accounting
Information Technology
Economics
Public Administration
Students willing to apply for an MBA degree in the Czech Republic must fulfill the following criteria-
To get admission to a few colleges, students need to enter at the post-graduation level.
Students must have relevant work experiences to get admission to any business school.
Students are required to have a well-laid-out CV.
Students must pass the TOEFL or IELTS examinations.
At the time of admission to universities, students are expected to present the following documents –
TOEFL or IELTS certificates
Mark sheets and certificates of classes 10,12 and bachelors
GMAT scorecard if required
Work experience certificates
A valid passport
Master’s degree, if any
Recommendation letter
Portfolio
Letter of motivation
The MBA intakes in universities in the Czech Republic usually happen twice a year – once in October and the other in February. The universities allow different periods for internships, practical and theoretical knowledge.
Business schools in the Czech Republic offer MBA courses of different durations. For example, it offers programs like part-time MBA, full-time MBA, or Executive MBA. Depending on the program, the schools offer different course duration.
| DURATION | UNIVERSITY NAME | PROGRAM |
|---|---|---|
| 19 months | The University of New York in Prague | Full-time |
| 18-24 months | Skoda Auto University | Part-time |
| European Institute of Applied Science and Management | Part-time | |
| 17 months | Anglo American University | Part-time |
| 12-24 months | Czech Management Institute of Praha | Full time Part-time |
| 27 months | Prague International Business School | Part-time |
There is a system on the website of each Czech university that allows future students to apply and enroll in their MBA programs. You can then go through the university's application process and submit your documents there once you have selected a university. The following are some of the basic requirements for every application:
A copy of your diploma (high school or Bachelor's degree)
Scanned copies of your passport and birth certificate
Curriculum vitae
Scores on a few entrance tests
Scholarships and funding evidence
Recommendation letters (between 2-4)
Samples of your portfolio or writing
Students willing to apply to any Czech Republic business school will need to pass the TOEFL or IELTS examinations. Since the majority of courses are taught in the English language, passing the exams is mandatory. The following are some of the tests required for English proficiency –
C1 and C2 proficiency
PTE academics
TOEFL
IELTS
In the Czech Republic, passing the GMAT exam isn't mandatory. On the contrary, the universities assess your skills and work experience. There are only a few universities that ask for the GMAT score. Since most Czech Republic universities focus on the candidates seeking skill sets while working; therefore, work experience is given more importance.
There are many courses at public universities in the Czech Republic that are tuition-free, but this is not typically the case for MBA programs that are often offered by private universities. Nevertheless, Czech business school programs are still affordable and may cost significantly less than courses in other western business schools. There is a general cost range of $10,000-15,000 for most MBA programs in the Czech Republic.
The cost of studying MBA in the Czech Republic is relatively affordable than in most European countries. The fees structure in top-tier universities are –
| SCHOOL NAME | DURATION | ANNUAL COURSE FEE |
|---|---|---|
| Prague University of Economics and Business | 2 years | 3,800 euros |
| Anglo-American University | 1 year 5 months | 12,164 euros |
| Czech University of Life Science Prague | 2 years | 4,240 euros |
| Technical University of Ostrava | 2 years | 4,000 euros |
| University of Economics and Management | 1.5 years | 6,000 euros |
| The University of New York in Prague | 19 months | 13,542 euros |
| Tiffany University in Prague | - | 12,000 euros |
Students who wish to study in the Czech Republic must apply for a student visa. Students coming from any EU country need not require any visa. There is, however, a reporting duty for EU students if their intended stay in the Czech Republic exceeds 30 days. You must notify the Foreign Police Department within 30 days of entering the Czech Republic in this situation.
Several students in other countries wish to pursue higher education in an international university but lack the finances for it. To overcome the struggles of such students, the government and several universities provide scholarship programs to students. Some of these include –
Government scholarships that offer annual scholarships within its Foreign Cooperation Development
Erasmus Mundus Joint Masters Degree
Scholarships of the South Moravian Center for International Mobility
Visegrad Fund Scholarship
University scholarships
Aktion Czech Republic
Students are allowed to work part-time in the Czech Republic during their study period in the country. They can work in cafes, restaurants, stores, malls, etc. However, there are a few rules and regulations set by the government that must be followed. Students are officially allowed to work approximately 20 hours a week.
In the Czech Republic, students aren't required to learn a new language, unlike in some European countries. For MBA, you only need to pass the English proficiency test. Rest, you need not worry about learning any new language. However, students are recommended to learn the Czech language for easier communication with locals.
Czech offers various MBA programs for students. One of them is a full-time MBA program. The universities or business schools offering full-time MBA courses are –
Czech Management Institute Praha
The University of New York in Prague
Anglo-American University
Czech College
A few colleges in Czech also offer part-time MBA to students who wish to obtain a degree while working full time. This makes it convenient for them to continue a course while working full time. Colleges that offer a part-time MBA course are –
Prague International Business School
The University of New York in Prague
Czech Management Institute Praha
Brno University of Technology
Anglo- American University
Institute for Industrial and Financial Management
The one reason Czech is so popular for MBA is that it provides immense career scope after an MBA course. Despite the lack of data, career prospects for Czech business schools appear promising, and some schools are claiming up to 50% in salary increases for their graduates. Employability statistics for MBA holders in Europe are favorable as well. European companies expect to keep hiring MBA graduates during the recession, and 25% of them expect to increase salaries above inflation for these graduates, based on data from The Graduate Management Admission Council (which administers the GMAT test). The Czech Republic offers excellent career opportunities for international MBA graduates, as a third of company directors are foreign nationals. Also, if you plan to pursue a career in the Czech Republic itself (and with the chance to work for major international employers in beautiful cities like Prague, why wouldn't you?), you may also be interested in learning about the prospects for foreign MBA holders in Czech firms. There are several job positions you can apply for after graduating from a Czech Republic university.
The Czech Republic is an excellent place to study for all MBA aspirants. The Czech educational system is one of the best in the world, and the country has a long tradition of providing foreign students with a high-quality education. This is the best country to study business management in. If you do get in, you will have a world-class education with world-class professors. You will work hard but never get overworked. You will experience freedom and flexibility. For these reasons, Czech Republic witnesses a rise of Indian students every academic year. There are approximately 150 students currently studying in the country. However, in a few years, the number is estimated to see a gradual rise. Besides, with the reputation Czech has in providing qualitative education, Indian students seem to be comfortable in choosing the country as their destination of higher education.
Many students wonder about the living cost when they move to a new country. Even though the living cost totally depends on the student’s lifestyle, we can give you an estimated cost –
Rent in a shared flat - $316
Utilities cost- $66
Transportation cost - $22
Food cost- $20-200
Students coming from non-EU countries require a student visa to study and a work permit to work here. There are a few visa requirements that students must fulfill –
Short term visa (90 days)
Long term visa (90 days)
Long term residence permit for study
Students can apply at the Embassy of the Czech Republic in their respective countries for a visa. Students must bring the following documents for a visa application –
Application form
Letter of acceptance
Passport
Proof of finances
Letter of recommendation
Health insurance certificate
Clearance from Register of Criminal Records
A lot aspire to travel to another destination and pursue higher education. However, not everyone is equipped with the resources to proceed with the process. For such students, Anigdha is here to alleviate the worries and make the process of international admission easier. We offer the following services to students –
Consulting: The consulting process is explained and guided to our clients. We provide career advice and consultation as well.
Shortlisting Schools: We examine your career goals and requirements in order to determine the most appropriate business school for you.
Documentation: If you are uncertain about what to submit as part of the application process, we can assist you.
Application: If you need help applying to Czech Republic business schools, please contact us.
Rounds of interviews: Most Czech universities conduct interviews to admit students. This can be challenging for some students. Our mock interviews are designed to help you clear the interview rounds at universities.
Guidance on visas: We assist you with your visa application and suggest which documents you'll need.
Connect: If students face any problems or issues, we are equipped to handle them efficiently.
Several universities in the Czech Republic offer an MBA at a low cost. Some of them include:
The University of New York in Prague
European Institute of Applied Sciences and Management
Czech University of Life Science Prague
University of Economics and Management
Czech University of Life Science Prague
The Czech Republic is a country in Central Asia. It is also called Czechia in short. The country has Austria to its south, Germany to its west, and Slovakia to the east. The official language of the country is Czech. It spreads across an area of 78,871 square kilometers. The 2021 estimated population of the country stands at 10,701,777 people. According to the Global Peace Index 2019, the country is considered one of the safest. Here are some fun facts about the country:
The country ranks 7th in the world's safety index
The Czech Republic comprises the most castles in Europe
The largest ancient castle in the world is in Czech.
The old town in Prague includes the third-oldest astronomical clock in the world.
The nickname of Prague is "the city of a hundred spires."
The Czech Republic is also famous for being a country of
The education in the country is relatively very famous. Students from around the world travel to the Czech to pursue a degree in higher education.
| Capital | Prague |
| Official Language | Czech |
| Total Area | 78,871 square kilometers |
| Total Population (2022 estimate) | 10,516,707 |
| Currency | Czech Koruna (CZK) |
Should international students study MBA in the Czech Republic?
Yes, international students should definitely study in the Czech Republic. Most international students rate the country a nine out of ten in terms of students’ satisfaction.
Is it safe to study MBA in the Czech Republic?
Yes, the Czech Republic is an absolutely safe country to study MBA in, and it also has a low crime rate.
Is the Czech Republic a good place to live in?
The Czech Republic offers extensive education, healthcare, and social security, making it an ideal place to live in.
Can you easily find a job in the Czech Republic?
The unemployment rate in the Czech Republic is really low, making it easy to find a job in this country.
Can the people in the Czech Republic speak in English?
An estimated 27% of people of the Czech Republic can speak somewhat English but not to a good extent.
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